Ladbrokes confirms closures of 40-50 betting shops

iGaming Business – Ladbrokes has confirmed that it will be closing 40-50 betting outlets in the near future as it looks to optimise its retail estate in “secondary locations”. The move is likely to be replicated by other high street bookmakers in the UK, the company said, as the industry looks to reduce the number of retail outlets it has opened in the past few years. “Having expanded in the last two years and opened shops in higher footfall locations we are now looking to optimise the estate by closing 40- 50 loss making shops in secondary locations,” the UK…